EURACTIV's Agenda

of all European Affairs Events, conferences, presentations and workshops.

New Simplified Cost Benefit Analysis and Project Quality Standards for 2021-2027: Cohesion Policy and Connecting Europe Facility

Date

01 Apr 2020 to 03 Apr 2020

Address

  Barcelona (ES)
Spain

Section

InfoSociety

Event Location

Spain

Event Description

This three-day highly practical course will cover all essential aspects of simplified Cost Benefit Analysis (CBA) and project quality standards for the EU co-financing 2021-2027 programming period, under the Cohesion Policy and the Connecting Europe Facility.

According to current draft legislation proposed by the EC, there will not be any legal requirements for major projects with the EU centralised approval mechanism, nor an explicit mention of cost benefit analysis. However, substantial obligations on the selection of operations will remain in force, with a major shift of responsibilities from EU to Member States.

At EU level, DG REGIO will keep control of public expenditure via enabling conditions, monitoring committees and on-the-spot audits. At national level, establishing and enforcing the methodology and criteria for selection of operations will be part of the remit of the Managing Authority and the Monitoring Committee. More specifically, according to Article 67 of the draft Common Provisions Regulation (CPR), in selecting operations the Managing Authority shall:

ensure that selected operations present the best relationship between the amount of support, the activities undertaken and the achievement of objectives;

verify that the beneficiary has the necessary financial resources and mechanisms to cover operation and maintenance costs.

The former requirement is to verify the maximisation of the ratio between resources used (costs) and expected achievements (effects/benefits). The latter calls for an analysis of the operations’ long-term sustainability. The results of economic appraisal, and in particular of CBA as selection criteria in calls for project proposals, should be used to meet both requirements.

In the next programming period 2021-2027, the EC will support Member States with guidelines in order to set up a simplified framework for project appraisal that complies with both EU and national requirements, promoting consistency of selection standards across Member States.

The DG REGIO requirements, practical applications of project quality standards in the future, best practices, Operations of Strategic Importance (OSI) and all other most important questions, including audit will be discussed with experts from the European Commission, the European Investment Bank, JASPERS and the European Court of Auditors.

Taking into account that CBA will be required also in the future for all projects applying for works under the Connecting Europe Facility, its role in the appraisal process and best practices will be discussed with an expert from the Innovation and Networks Executive Agency (INEA).

Jobs

Green European Foundation
Project Coordinator
Friedrich Naumann Stiftung
European Affairs Manager
PES - Party of European Socialists
Trainee Economic & Financial Regulation (fulltime)
EEB - European Environmental Bureau
Administrative Assistant
European Young Innovators Forum
Partnership Officer
Eureka Network | Eurogia2020
Intern
Yalta European Strategy
Internship at Yalta European Strategy
Europa-Büro Brüssel der Hanns-Seidel-Stiftung
Praktikumsstelle